Cavalcade Midstream, a recently formed San Antonio-based midstream energy company, has received a $150 million equity investment from a trio of investors, the company announced last week. Dallas-based Pearl Energy Investments, Boston-based Old Ironsides Energy and Irving, Texas-based NGP are the investors in the new company. In a news release, Cavalcade wrote that it is focused on greenfield development and strategic mergers and acquisitions focused initially in the Permian Basin of West Texas.

NEW YORK, NY / ACCESSWIRE / December 14, 2018 / U.S. markets finished modestly higher on Thursday as investors continue to worry about trade tensions between the U.S. and China. The Dow Jones Industrial ...

NuStar Energy L.P. announced today that President and Chief Executive Officer Brad Barron, and Executive Vice President and Chief Financial Officer Tom Shoaf and other members of senior management will participate in meetings with members of the investment community at the Wells Fargo Securities Research, Economics & Strategy Midstream and Utility Symposium on Wednesday, December 5, 2018.

NuStar Energy L.P. (NS) announced today that it has closed on the sale of its European terminals and related assets to Inter Terminals Ltd., which is Inter Pipeline Ltd.’s European storage subsidiary, for $270 million, plus normal closing adjustments. "This was a very important strategic decision for NuStar but also a difficult one given the quality of the assets and workforce," said NuStar President and CEO Brad Barron. Barron outlined other transformative actions of the plan that included simplifying NuStar's corporate structure and eliminating the incentive distribution rights to lower the company's cost of capital and allow it to continue to build on the strength of its asset base with less dependence on the equity capital markets.

Texas-based NuStar Energy (NS) released its third-quarter results today. NuStar Energy’s higher earnings were mainly driven by continued volume growth in the Permian Basin and contributions from the East Pipeline System due to the acquisition of its assets in the Council Bluffs. NuStar Energy’s revenues for the third quarter came in at $490 million, an increase of more than 11% year-over-year.

On Monday, Nov. 5, NuStar Energy (NYSE: NS ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the print. Earnings and Revenue NuStar Energy EPS will ...

NuStar Energy L.P. (NS) announced today that it has entered into an agreement to sell its European terminals and related assets to Inter Pipeline Ltd.’s European storage subsidiary, Inter Terminals Ltd., for $270 million. The operations include six liquids storage terminals in the United Kingdom and one facility in Amsterdam. "The decision to sell our European operations was difficult given that they are such high-quality assets with such outstanding employees.

NuStar Energy L.P. (NS) today announced that its Board of Directors has declared a third quarter 2018 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. NuStar Energy L.P.’s Board of Directors also declared a third quarter 2018 common unit distribution of $0.60 per unit. The third quarter common unit distribution will be paid on November 14, 2018 to holders of record as of November 8, 2018.

NuStar Energy L.P. (NS) today announced that it will host a conference call on Monday, November 5, 2018 at 9:00 a.m. Central Time to discuss the third quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 8547677. International callers may access the conference call by dialing 661/378-9931, reservation passcode 8547677.